May 6

Whats The Deal With Asset Management?

Welcome to Municipal Affairs, I’m your host Christopher Brown.

Today, we delve into a crucial aspect of governance and fiscal responsibility: municipal asset management.

As our communities evolve and infrastructures age, the effective management of municipal assets has emerged as a pivotal concern for municipalities across Canada.

Asset management, once a niche concept, has now taken centre stage in the strategic planning of local governments.

It encompasses a systematic approach to acquiring, operating, maintaining, and disposing of assets in the most cost-effective manner possible while delivering desired levels of service.

Joining us for this enlightening discussion is Chad Buhlin, the Founder of Buhlin Asset Management, hailing from Manitoba. Chad's dedication to enhancing the capacity and maturity of asset management programs in organizations across Manitoba has made him a prominent figure in the field.

His business was founded with a clear mission: to bridge the asset management knowledge gap in the province by collaborating directly with leaders and key staff to develop champions, establish policies and procedures, craft short and long-term plans, and seamlessly integrate these strategies into their respective organizations.

The significance of asset management in municipal affairs cannot be overstated. As municipalities face mounting pressures to deliver essential services while grappling with constrained budgets and aging infrastructures, the need for efficient asset management has never been more critical. Moreover, there is a growing recognition, both in the private and public sectors, of the imperative to integrate Asset Management Plans into Long-Term Financial Planning and budgeting processes, underscoring its role as a cornerstone of sustainable governance.

Today, we embark on a journey to explore the intricacies of municipal asset management, its evolving landscape, and the indispensable role it plays in shaping the future resilience and prosperity of our communities.

So, without further ado, This Is Municipal Affairs.

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